Net Backlog definition
Net Backlog means the difference resulting from (i) the dollar value of Backlog as of June 30, 2002 less (ii) the dollar value of Backlog as of June 30, 2001; provided, however, that Net Backlog shall be limited to the following amounts for the following levels of Revenue:
Net Backlog means the difference resulting from (i) the dollar value of Backlog as of June 30, 2002 less (ii) the dollar value of Backlog as of June 30, 2001; provided, however, that Net Backlog shall be limited to the following amounts for the following levels of Revenue: Less than $50 million $0 Between $50 million and $60 million $1 million Between $60 million and $70 million $3 million Between $70 million and $80 million $5 million Between $80 million and $90 million $8 million Over $90 million $10 million